The rise in popularity of online shopping, particularly online grocery shopping, driven by the COVID-19 pandemic and the enforcement of large scale social restrictions (PSBB) is predicted to be the driving force of growth in the e-commerce sector in Indonesia and Southeast Asia this year, experts have said. Indonesia E-commerce Association (IdEA) chairman Bima Laga said […]
Read MoreLogwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical facemasks, according to a CDC news release. The investment amid […]
Read MoreMinister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah said that the country is attempting to bring down the unemployment rate to four per cent, or even lower. In an interview with the Bulletin at the opening of the Julangan […]
Read MoreMANILA, Philippines — The Philippines suffered the largest downward revision in outlook this year from the Asian Development Bank (ADB), which now see the economy plunging to a deeper contraction than most of its Southeast Asian peers due to the pandemic. The Manila-based lender now see the local economy shrinking 7.3% year-on-year in 2020, worse than […]
Read MoreThe Hanoitimes – Hotels for sale is reaching a record number in a decade in Vietnam. The number of hotels for sale is reaching a record high in a decade in Vietnam as the Covid-19 pandemic has thrown the local tourism industry in abyss, according to real estate brokers. Every day, dozens of hotels in Ho […]
Read MoreBusiness closures spiked 38.4% year-on-year from June to July, with higher figures anticipated in the second half attributed to the economic downturn amid the pandemic crisis, says a research house. For the first 18 days of August, the ratio of business closures increased by 37.9% year-on-year, according to the Economic Intelligence Centre (EIC), a research […]
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Thailand
